Co-op looking for new operator for the Mosaic digital hub

Lincolnshire Co-op is looking for a new operator to run its collaborative working space, Mosaic, based in Thomas Parker House on Silver Street.

The announcement of the sale follows yesterday’s news that the Co-op has withdrawn from its involvement in running Lincoln’s Waterside shopping centre and has transferred full ownership to its former partner in the venture, Wykeland Group.

Mosaic was founded in 2019, with support from Lincolnshire County Council and the local digital community and has continued to grow with an additional four offices and a new conference space created in 2023. This allowed new tenants to move into the hub, and others to expand, but there is still unused space at Thomas Parker House, which was the Co-op’s former department store.

As well as hosting over 50 individual desk members, all offices in Mosaic are let, with 14 digital business working from the space, but the Co-op wants to pull out as its strategic focus is now developing healthcare and housing, which meets community needs.

To support the sale of Thomas Parker House and Mosaic, Lincolnshire Co-op will be undertaking maintenance work enabling the new operator to focus on further developments.

Paul Howard, Chief Financial Officer at Lincolnshire Co-op, said: “We are incredibly proud of the collaborative, creative space that we have built at Mosaic Digital Hub, the community that it’s fostered, and how it has continued to grow since first opening.

“However, we recognise that now is the right time to pass the facility onto a new operator that can maintain this valuable service, as well as having the skills and resource to develop any unused space in the upper floors of Thomas Parker House.”